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Imperial Dade acquires Economy Products & Solutions, Inc. to expand presence in Rochester

Nov 12, 2024about 1 year ago

Acquiring Company

Imperial Dade

Acquired Company

Economy Products & Solutions

Jersey CityRochesterManufacturingSoftwareProfessional Services

Description

Imperial Dade, a leading North American distributor, has announced the acquisition of Economy Products & Solutions, Inc. (EPS). This strategic acquisition allows Imperial Dade to expand its presence in Rochester and provide EPS' customers with an even greater diversified offering of products and solutions while maintaining the same exceptional customized service.

Company Information

Company

Imperial Dade

Location

Jersey City, New Jersey, United States

About

Founded in 1935, Imperial Dade serves more than 70,000 customers across the United States and Puerto Rico. Since CEO Robert Tillis and President Jason Tillis assumed their roles in 2007, the company has grown both organically and through acquisitions to become a leader in the food service packaging and janitorial supplies industry. For additional information, please visit www.imperialdade.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed